On January 26, Beijing Jiayu Door Window And Curtain Wall Joint-Stock Co.Ltd(300117) (300117. SZ) released the performance forecast for 2021.
The announcement shows that from January 1, 2021 to December 31, 2021, Beijing Jiayu Door Window And Curtain Wall Joint-Stock Co.Ltd(300117) the net profit attributable to the shareholders of the listed company lost about 1-1.4 billion yuan during the reporting period, while the profit in the same period in 2020 was 80.8167 million yuan; The net profit loss after deducting non recurring profits and losses was RMB 900 million-1.3 billion, and the loss in the same period in 2020 was RMB 173 million.
It is worth mentioning that the announcement said that the main reason for the change of the company’s performance is the provision for impairment of relevant receivables and contract assets of Evergrande group, involving the exposure of Evergrande commercial acceptance bills of about 1.316 billion yuan and accounts receivable, contract assets and inventories of about 574 million yuan.
In addition, Beijing Jiayu Door Window And Curtain Wall Joint-Stock Co.Ltd(300117) said that since the commercial bills issued by Evergrande group have begun to break the contract in a large area, it is not likely to take the initiative to cash all the due bills, and it does not rule out that the bill holder requires Beijing Jiayu Door Window And Curtain Wall Joint-Stock Co.Ltd(300117) to bear the legal liability as an endorser. Beijing Jiayu Door Window And Curtain Wall Joint-Stock Co.Ltd(300117) the management analyzed and evaluated the recoverability of receivables of Evergrande group and its member enterprises as of December 31, 2021, and considered that there were signs of impairment, so corresponding credit impairment losses should be accrued.
Due to the problem of Evergrande commercial ticket, Beijing Jiayu Door Window And Curtain Wall Joint-Stock Co.Ltd(300117) also transferred 100% equity of its subsidiary.
On December 28, 2021, Beijing Jiayu Door Window And Curtain Wall Joint-Stock Co.Ltd(300117) announced that in order to further integrate resources and focus on the development of new energy business, it is planned to transfer 100% equity of Chongqing pengxinhe Construction Development Co., Ltd., a wholly-owned subsidiary, to Chongqing Zhongpeng industry (Group) Co., Ltd. at a total price of 84.8939 million yuan. It is expected to increase the company’s net profit by 60.9149 million yuan after the completion of the transaction.
In addition to the performance loss, on January 11, Beijing Jiayu Door Window And Curtain Wall Joint-Stock Co.Ltd(300117) added three equity pledges.
The pledgor is Jiayu Xinxin investment (Group) Co., Ltd. and the pledgor shares enterprise Beijing Jiayu Door Window And Curtain Wall Joint-Stock Co.Ltd(300117) . The current status is “released”. This time, Jiayu group released a total of 19.55 million shares, accounting for 6.55% of its shares and 2.73% of its total share capital. The market value of the pledge released was about 120 million yuan.
According to official data, Beijing Jiayu Door Window And Curtain Wall Joint-Stock Co.Ltd(300117) is a provider of building energy-saving, intelligent, photothermal photovoltaic and door, window and curtain wall systems integrating R & D, design, production and construction, Beijing Jiayu Door Window And Curtain Wall Joint-Stock Co.Ltd(300117) is the first listed enterprise of energy-saving doors and windows in China.
As of the closing on January 26, Beijing Jiayu Door Window And Curtain Wall Joint-Stock Co.Ltd(300117) was reported at 3.33 yuan / share, up 2.46%, with a total market value of 2.387 billion yuan.
